# Project Budget — Budget estimation

> Project budget estimation tool using Monte Carlo simulation and triangular cost distributions. (iPhone/iPad app by Konstantinos Ladiellis.)

- Source: https://appshunter.io/ios/app/project-budget/id1519616077 (this page in markdown: same URL + `.md`)
- Developer: [Konstantinos Ladiellis](https://appshunter.io/developer/1516103440)
- Category: Utilities, Productivity
- Price: $1.99
- Age rating: 4+
- Requires: iOS 15.6 · 2 MB
- Languages: American English
- Released: 2020-06-22
- Data updated: 2026-08-30
- Monetization: paid
- User reviews in markdown: https://appshunter.io/ios/app/project-budget/id1519616077/reviews.md

## What is Project Budget?

The application uses Monte Carlo simulation to calculate a project's budget. The project is decomposed in smaller tasks. It is assumed that for each such task the triangular cost probability distribution is known and its parameters are hence entered. However no reason to panic, triangular distribution is the mathematical expression of the most simplistic answer to the question how much something is going to cost: it can't cost less than a, it can't cost more than b and most of the time costs c.

## Key features

- Monte Carlo simulation for budget calculation
- Decomposition of projects into tasks
- Input triangular cost probability distributions
- Parameter entry for cost distributions
- Budget estimation for projects

## Recent user reviews (1 of 1)

All indexed reviews: https://appshunter.io/ios/app/project-budget/id1519616077/reviews.md

### 1/5 — DONT BUY

*2024-09-01*

Scam

**Developer response:** Would you mind specifying the issue in order to try fix it?

## Frequently asked questions about Project Budget

### What is Project Budget used for?

Project Budget is used to estimate project budgets by employing Monte Carlo simulation. It allows users to break down projects into smaller tasks and input cost probability distributions for each task to derive a calculated budget.

### How does Project Budget calculate budgets?

It utilizes Monte Carlo simulation, a method that involves running multiple iterations based on user-defined triangular cost probability distributions for each project task. This process generates a range of potential budget outcomes.

### What is a triangular cost probability distribution?

A triangular distribution is a mathematical model representing the simplest cost estimation: a minimum possible cost (a), a maximum possible cost (b), and a most likely cost (c). Project Budget uses these parameters to simulate cost variations.

### What devices is Project Budget available on?

Project Budget is available on iPhone, iPad, and iPod devices. It is designed to be accessible on Apple's mobile operating system.

### How much does Project Budget cost?

Project Budget is a paid application, priced at $1.99. This one-time purchase grants access to all its features for budget estimation.

### When was Project Budget last updated?

The latest version of Project Budget was updated on April 28, 2025. This indicates ongoing support and potential improvements to the application.

### What is the age rating for Project Budget?

Project Budget has an age rating of 4+. This suggests that the content and complexity of the app are suitable for users aged four and older.

### Does Project Budget have ads?

No, Project Budget does not contain advertisements. As a paid application, it offers an ad-free experience for users focused on budget estimation.

## Version history (last 5 releases)

### 1.35 — 2025-04-28

Minor redesign of the interface

### 1.3 — 2022-03-10

Interface improvements particularly for for iPad & bug fixes

### 1.2 — 2021-02-11

Presentation improvements

### 1.1 — 2020-06-27

-bug has been fixed

### 1.0 — 2020-06-22

No release notes.

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## More apps by Konstantinos Ladiellis

- [Psychrometry Chart](https://appshunter.io/ios/app/psychrometry-chart/id1516103441)
- [Bouncing ball simulator](https://appshunter.io/ios/app/bouncing-ball-simulator/id1536929463)
- [Lissajous curves](https://appshunter.io/ios/app/lissajous-curves/id1553830339)
- [Bullet Ballistics](https://appshunter.io/ios/app/bullet-ballistics/id1564805405)
- [Beam statics](https://appshunter.io/ios/app/beam-statics/id1609871429)

All apps by Konstantinos Ladiellis: https://appshunter.io/developer/1516103440

## Related topics

[project management budget](https://appshunter.io/ios/topics/project-management-budget)

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*Data collected daily from the US App Store and indexed by [AppsHunter](https://appshunter.io/). User reviews are verbatim App Store reviews. Ratings, prices and chart positions refresh continuously; this snapshot is from 2026-08-30.*